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Books / Digital Text
The Theory of Money and Credit
Part Three: Money and Banking
Chapter 15. The Business of Banking
1. Types of Banking Activity
2. The Banks as Negotiators of Credit
3. The Banks as Issuers of Fiduciary Media
4. Deposits as the Origin of Circulation Credit
5. The Granting of Circulation Credit
6. Fiduciary Media and the Nature of Indirect Exchange